Social Media - 7 Steps to Success

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A two-part presentation on Social Media. The first part describes what Social Media is and is not. The second part presents the 7 steps a marketer should follow for success using Social Media.

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Social Media7 Steps to Success

Monday, November 9, 2009

UnderstandWhat it is, how it’s used and how it fits into the larger business strategy

Monday, November 9, 2009

Social Media is information content created by people,

Using highly accessible and scalable publishing technologies,

To share their stories and experiences (words, pictures, videos and audio), and

Influence interaction between peers and with public audiences

Monday, November 9, 2009

The challenge is to stop thinking about Social Media in traditional marketing communication terms

Monday, November 9, 2009

Marketers should be thinking about Social Media in terms of ...

Monday, November 9, 2009

The relationships they have with customers, and

What kind of relationship do they want in the future

Monday, November 9, 2009

Social Media is a strategy

It’s not a campaign

Charlene Li, a thought leader on social and emerging technologies and co-author of "Groundswell"

Monday, November 9, 2009

Social MediaCharacteristics

Monday, November 9, 2009

OpennessSocial Media is open to

feedback and participation. It encourages voting, commenting and information sharing. There are rarely barriers to accessing

and using content.

Monday, November 9, 2009

ConversationWhere traditional media is a one-way “broadcast,” Social

Media is a two-way conversation.

Monday, November 9, 2009

CommunitySocial Media allows common interest communities to form

quickly and communicate effectively.

Monday, November 9, 2009

ConnectednessOn their terms: when they want to, how they want to and where they want to with others of

similar interests.

Monday, November 9, 2009

ParticipationSocial Media blurs the line

between media and audience. It encourages contributions and feedback from everyone

who is interested.

Monday, November 9, 2009

Customers are in controlYou can only influence

Monday, November 9, 2009

7 Steps to Success1. Listen

2. Define success

3. Write the strategy

4. Determine the means

5. Participate

6. Measure

7. Adjust

Monday, November 9, 2009

1. ListenUse tools that aggregates

content based on keywords from most Social Media

channels

Radian6

Monday, November 9, 2009

2. Define Success

• Measurable and meaningful goals

- Lift in consideration

- Improvement in consideration rank

- Better value perception

Monday, November 9, 2009

3. Write the Strategy

• Appropriate to the channel and goals

- To build loyalty among category heavy users, X will support a community where fans can share experiences and initiate conversation about and with X, and with each other

Monday, November 9, 2009

4. Determine the Means

• Not all channel choices are appropriate or necessary in the beginning

• Carefully consider the impact of Social Media on your organization

Monday, November 9, 2009

5. Participate

• It requires commitment

• Social Media is not easy and it’s not cheap

Monday, November 9, 2009

6. Measure

• Measure against the business goal

• Don’t measure the froth

Monday, November 9, 2009

7. Adjust

• Don’t swim up stream

• Invest in what’s working

• Try new things

Monday, November 9, 2009

The conversation is happening.

Now is the time to listen to the

conversation and prepare for 2010

You’ve 3 options: ignore it,

ride on top of it, or participate.

Monday, November 9, 2009

James HipkinAn inventive problem-solver with creative vision and bottom-line sensibility. Over 30 years of multi-disciplinary experience with high-profile, global brands and B2C clients in packaged goods, durables, transportation, telecomm, and financial services.James records his unique point of view and practical tips on his blog Hipkin’s Hip Shots.

Contact James:

415-505-0632jhipkin@gmail.com

Monday, November 9, 2009